HFCL reports revenue of Rs 1005 crore and profit of Rs 70 crore

HFCL announced its financial results for the second quarter ended September 30, 2021 of FY22.
HFCL has reported quarterly revenue of Rs 1004.92 crore, EBIDTA of Rs 138.97 crore, PBT of Rs 93.83 crore and PAT of Rs 70.18 crore for the second quarter ended 30th September, 2021.

“Our shift towards margin and cash flow accretive components of telecom products and capital efficient projects would continue to strengthen our profitability ratio while our holistic R&D focus would keep us ahead of the curve of technological advancements,” Mahendra Nahata, Managing Director, HFCL said in a statement.

HFCL has Optical Fiber and Optical Fiber Cable manufacturing facilities at Hyderabad, Optical Fiber Cable manufacturing plant in Goa and in its subsidiary i.e. HTL at Chennai along with FRP Rod manufacturing facility in its subsidiary at Hosur. HFCL also has a telecom equipment manufacturing facility at Solan.